Nutri Avenue discovered market changes in mushroom extracts, especially Lion’s Mane Mushroom Extract and glutathione reduced form this week. Details are as follows.
According to Future Market Insights statistics, as of the end of 2022, the net value of the entire market is approximately US$8.2264 billion. Functional mushroom demand will grow at a CAGR of 3.2% between 2018 and 2022.
Functional mushrooms are varieties of mushrooms that have specific health benefits and provide nutrients. Of the 2,000 species of fungi currently known, only 15 are considered medicinal, edible, and have functional benefits. Among them, the more popular types of mushroom extracts on the market include Ganoderma lucidum, Lion’s Mane, Chaga, Cordyceps sinensis, Shiitake mushrooms, Grifola frondosa, etc. These mushrooms can help support overall well-being and health. At the same time, it enhances cognitive function, reduces stress levels, and provides energy.
There is also a huge demand for functional mushrooms in the food and beverage industry, especially in ready-to-drink products. The increasing demand for functional mushrooms is also important due to their greater potential for use in packaged functional foods.
Recently, factories have reported that the demand for mushroom extracts, especially Lion’s Mane Mushroom Extract, has increased in the European market. Its dosage is large. This week, the market price of Lion’s Mane Mushroom Extract 30% Polysaccharide 10:1 is about $10.6-12/kg.
The market price of Reduced L-Glutathione Powder has decreased. Its quotation ranges from $92-110/kg.
Popular Supplement Ingredients Market Prices Update 3/11
This week, there was no significant change in the Creatine Monohydrate market. Its quotation remains stable at $9.8-11.5/kg.
The market prices of Carnitine and its derivatives remain generally stable. Details are as follows.
- L-Carnitine Base is $21.2-22/kg.
- L-carnitine Tartrate powder is $18.1-19.3/kg.
- Acetyl Carnitine HCL is $22.2-24/kg.
- L-Carnitine HCL is $25-26.5/kg.
Vine Tea 98% Dihydromyricetin (DHM) Powder is $60-64.5/kg.
The Alpha Lipoic Acid market is stable. Its market price in powder form is $46-48/kg. The granular form is $46.5-49/kg.
Coleus Forskohlii Extract is available in two common sizes in the United States. One is Coleus Forskohlii 4:1. Its market price is $13.2-15/kg. The market price of another kind, coleus forskohlii 20% forskolin, is $288-300/kg.
Jiao Gulan Leaf extract (Gynostemma pentaphyllum) 4:1 is $9.4-10.8/kg. Jiao Gulan Leaf Powder Only is $7.9-8.8/kg.
The market price of Horse Chestnut Extract 20% Aescin UV is $15-22/kg.
Alpha GPC 99% is $88-96/kg.
Promotional Supplement Ingredients List On Nutri Avenue 3/11-3/17
Here are the products on sale at Nutri Avenue this week. The prices are market reference prices, not our quotations. Interested customers can contact us to inquire about specific prices.
It is understood that half of the factories are promoting Polygonum Cuspidatum Extract 50% Trans-Resveratrol powder at a loss. Currently, the market price is $72-80/kg.
Beta Alanine powder is $4.2-4.8/kg.
L-Valine powder is $6.5-7.2/kg with only 975kg in stock by Nutri Avenue.
L-Citrulline-DL-Malate 2:1 is $8.8-9.4/kg with only 1,325kg in stock by Nutri Avenue.
Genistein powder 98% is $220-248/kg.
Rutin powder extracted from Sephora Japonica with 95% purity is not less than $35/kg.
Diosmin Powder extracted from Citrus Aurantium with 90% purity is $49-53/kg.
Sodium Copper Chlorophyllin is around $225/kg.
Ferulic Acid powder 98$ is $58-66/kg, with only 40kg in stock by Nutri Avenue.
GABA is $5.5-6.5/kg.
Anhydrous Citric Acid 30-100mesh is $1.9-2.2/kg.
Magnesium glycinate 18% is $12.8-27/kg.
Erythritol 18-60 Mesh is $3-3.4/kg.
The market price of D-ribose powder is no less than $13/kg. Nutri Avenue still has 1.5mt in stock.
Conclusion
This week, the overall supplement ingredient market remains stable. The rapid growth in the use of mushroom extracts in Europe is of particular concern. The demand for related extract products is likely to increase.
Nutri Avenue offers a variety of bulk amino acids, vitamins, extracts, and other ingredients, including those mentioned above. Welcome to contact us for more product information, such as COA and the latest quotation.